08-02-2021 05:06 PM | Source: Axis Securities Ltd
Buy Natural Gas Above 300 SL Below 296 TGT 305/309 - Axis Securities
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Natural Gas

MCX Natural gas price is trading near the resistance of the symmetrical triangle pattern, price is expected to trade positively. Any breakout above 300 would push the price higher towards 305/309 levels intraday. The price has started trading above 9,21&60 hourly EMA which is bullish sign for the prices.

Buy Natural Gas Above 300 SL Below 296 TGT 305/309

 

ZINC

MCX Zinc price is trading under an ascending triangle pattern, price is expected to trade positively. Any breakout above 250 would push the price higher towards 251.50/252 levels intraday. The momentum indicator RSI is trading at 66 it shows bullishness in the prices.

Buy Zinc Above 250 SL Below 249 TGT 251.50/252

 

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